Housing sales across major Indian cities declined by 6% during the July–September quarter, as homebuyers remained cautious amid subdued market conditions. Around 1.03 lakh housing units were sold during the quarter, compared with approximately 1.09 lakh units during the same period last year. The decline was mainly attributed to weaker buyer demand and a reduction in new project launches. Developers launched around 98,165 housing units during the quarter, compared with 1,00,330 units in the corresponding period last year, marking a decline of nearly 2%. Housing sales declined across several major markets, while a few markets recorded growth during the quarter. Some locations reported double-digit increases in sales, indicating that demand remained stronger in selected markets despite the overall slowdown. Among the markets that recorded declines, some witnessed sales falling by around 17%, while others reported decreases ranging between 8% and 16%. Despite the quarterly decline, one major market recorded the highest sales volume, with around 17,860 housing units sold during the period. The latest figures indicate that homebuyers are continuing to adopt a cautious approach before making property purchases. At the same time, developers appear to be adjusting new project launches in response to changing demand conditions. Despite the decline during the July–September quarter, housing sales and new residential supply in major urban markets have continued to remain close to the one-lakh-unit level per quarter, highlighting the continued scale of activity in the country's primary residential property market.